Ultra Advanced Double MA
- Indicators
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Marcel De Oliveira Farias
NexQuantumX (NQX) develops trading tools for MetaTrader 5 and MetaTrader 4: technical indicators and Expert Advisors built on one consistent risk engine. - Version: 1.0
- Activations: 10
Ultra Advanced Double MA is a moving average indicator for MetaTrader 4 that works with two moving averages. Comparing two averages is a common way to study the direction and pace of a trend.
Main features
- Built around two moving averages
- Helps compare short-term and longer-term direction
- Suitable for trend analysis from M30 to D1
- Easy to use
- A demo version is available for testing
Recommended settings
Time-frames: M30, H1, H4, D1
Pairs: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, EUR/JPY
How to use
Compare the two averages to read the trend, and confirm any decision with your own analysis and risk management.
Trading involves risk. Past performance does not guarantee future results.
Questions and suggestions are welcome in the Comments section.
